BND 0.00% 8.4¢ bandanna energy limited

There is no two ways about it that, whoever it is, is doing a...

  1. 24,386 Posts.
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    There is no two ways about it that, whoever it is, is doing a good job on keeping the sp down for one purpose. And IMO that is accumulation.

    Seen that we are not for sale now, and that we have well in excess of $100million dollars in our bank account, the only way that someone would be able to accumulate our shares, is by keeping the sp down as much as possible and accumulate as many as possible at the same time. As it is usually the case, the nervous nellies and the short term holders/traders will oblige by selling into them.

    Finally, if the instos wants to get into the act now, when we already have the cash available, their only choice to get in now, is to buy on market.

    Patience fellas. Patience and look away. Our day will come.

    Cheers
    Buddy134
 
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Currently unlisted public company.

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